NOT LISTED FOR SALE

126 Bay Ave Lewes, DE 19958

Estimated Value: $542,959 - $2,424,000

4 Beds
4.5 Baths
3,225 Sq Ft
$498/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $1,550,000 $481 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,965/month

Highlights

  • Beach
  • Water Access
  • Coastal Architecture
  • Lewes Elementary School Rated A
  • Bay View
  • Deck

About This Home

As of November 2017

DIRECT, PANORAMIC BAY VIEWS FROM ALMOST EVERY ANGLE! Beautifully appointed beach front home in Lewes Beach! Walk out the door onto Lewes Beach or sit on your private decks watching the Ferry pass by. Home features gourmet kitchen w/granite counters, hardwood floors, private luxury master suite with whirlpool tub & much more!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 10/17/2017

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 10/17/2017

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,237

Year Built

  • Built in 2005

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 32x105
  • Landscaped
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,225 Sq Ft Home
  • Property has 3 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Family Room
  • Open Floorplan
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Bay Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Parking

  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • Balcony
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 335-04.20-139.00

Community Details

Overview

  • No Home Owners Association
  • Lewes Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,237

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Historic: No
  • New Construction: No
  • Year Built: 2005
  • Remarks Public: DIRECT, PANORAMIC BAY VIEWS FROM ALMOST EVERY ANGLE! Beautifully appointed beach front home in Lewes Beach! Walk out the door onto Lewes Beach or sit on your private decks watching the Ferry pass by. Home features gourmet kitchen w/granite counters, hardwood floors, private luxury master suite with whirlpool tub & much more!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Air Cleaner, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Washer, Washer/Dryer Stacked, Water Heater, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Whirlpool/Hottub
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Den, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3225
  • Living Area Sq Ft: 3225
  • Net Sq Ft: 3225.00
  • Price Per Sq Ft: 495.81
  • Above Grade Finished Sq Ft: 3225
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 126

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public, Filter

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.01
  • Lot Dimensions: 32x105
  • Lot Size Units: Acres
  • Lot Sq Ft: 436.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 4237.00
  • Assessor Parcel Number: 335-04.20-139.00
  • County Tax Payment Frequency: Annually
  • Close Date: 11/27/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 5, 2017
Sold by
Thomas P Dougherty
Bought by
Meneshian Avedis
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,599,000
Sold Price
$1,550,000
Premium/Discount to List
-$49,000
-3.06%
Current Estimated Value
$1,598,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,306
Avg. Annual Appreciation
-0.62%
Original Mortgage
$1,162,500
Outstanding Balance
$989,126
Interest Rate
3.9%
Estimated Equity
$487,922
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meneshian Avedis $1,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meneshian Avedis $1,162,500
Closed Meneshian Avedis --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $1,550,000 -3.1% $481 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $1,599,000 -- $496 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,573 $52,200 $8,150 $44,050
2023 $2,571 $52,200 $8,150 $44,050
2022 $2,481 $52,200 $8,150 $44,050
2021 $2,458 $52,200 $8,150 $44,050
2020 $2,451 $52,200 $8,150 $44,050
2019 $2,454 $52,200 $8,150 $44,050
2018 $2,292 $52,200 $0 $0
2017 $2,195 $52,200 $0 $0
2016 $2,085 $52,200 $0 $0
2015 $1,992 $52,200 $0 $0
2014 $1,978 $52,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001034048

Bright MLS

APN: 335-04.20-139.00